A development of 55,000 sq ft for Smiths News plc at Elmdon Industrial Estate, Solihull.

Stoford delivered the transaction on behalf of Standard Life Investments on a Development Management basis.

The building achieved practical completion in February 2012.

VALUE:   £4.5 million

OCCUPIER:    Smiths News plc

OWNER:   Standard Life Investments

SIZE:    GIA/NIA  55,000 sq ft

Stoford agreed to purchase 33 acres from the Crown Estate of the Honda Cars Storage Depot at Cabot Park, Avonmouth in conjunction with a simultaneous agreement to surrender Honda’s leasehold interest.

A £35 million, 435,780 sq ft regional distribution centre pre-let to The Co-operative Group in Avonmouth was developed and completed in June 2012 by Stoford in a joint venture with Gallan Group.

It serves more than 400 food stores in the South West providing 1,000 new jobs.

VALUE:
£2,157,111 rent per annum
£35 million end valu

OCCUPIER:
Co-Operative Group Limited

FUND:
AXA

SIZE:
GIA – 435,780 sq ft (40,485 sq m)

• BREEAM Excellent
• Target 80% improved air permeability
• The building fabric will be constructed from A or A+ rated materials as defined in the green guide for specification
• High efficiency heating system will be installed
• Low water use fittings and rainwater harvesting
• Ventilation heat recovery
• Movement and daylight controlled high efficiency lamps

Mark Leonard, the Co-operative Group’s Regional Head of Logistics:

“The team from Stoford and Gallan Group displayed great professionalism over many months of negotiations. We were impressed with the 'customer focus' shown by their team, and are happy we have a partner who will help us deliver a first class facility.”

Following an extensive competitive interview process, Aerospace Group Moog appointed Stoford to create a 184,000 sq ft purpose built research and development facility on Wolverhampton’s prestigious i54 Business Park.

Stoford sited the building on land purchased from Advantage West Midlands on their i54 Business Park and completed in February 2012.  i54 is a 300 acre high technology business park on the edge of Wolverhampton which will benefit from a dedicated new motorway junction on the M54.

Working with Advantage West Midlands and Moog, Stoford delivered a multi-million pound grant package which enabled the scheme to proceed.

Stoford has also achieved planning for circa 50,000 sq ft of expansion space linked to the building.

VALUE:
£16 million including fit out

PURCHASER
Moog Aerospace

Size:
GIA: 184,000 sq ft

BREEAM Very Good

VALE PARK WEST
EVESHAM, WORCESTERSHIRE

40 acre business park for warehouse,
office and production units totalling
750,000 sq ft (69,677 sq m)

Waterside Park is an 18 acre business park fronting the Black Country New Road and has been developed to provide a total of 17,540 sq m (188,800sq ft) of production and distribution space.

The site was purchased from the Black Country Development Corporation and developed in 4 phases, the final phase called Navigation Point, was a development of small units from 133 sq m (1,431 sq ft) to 890 sq m (9,578 sq ft) and was part funded by European Regional Development Fund and has been sold on to Northern Trust.

PHASE I
Tenant: Glynwed International PLC (Aalco)
Size: 7,850 sq m (84,500 sq ft)
Purchaser: BBC Pension Trust

PHASE II
Tenant: Eurohitch Holland
Size: 2137 sq m (23,000 sq ft)
Purchaser: Eurohitch Holland

PHASE III
Tenant: T.R. Fastenings UK Ltd
Size: 2,815 sq m (30,300 sq ft)
Purchaser: New Wood Securities Ltd
Navigation PointSize: 4,740 sq m (51,000 sq ft)
Purchaser: Northern Trust PLC

Stoford purchased the last remaining development plot on Ravensbank Business Park, in conjunction with Terrace Hill. The site of 13.2 acres was developed to provide a warehouse/distribution facility of 21,555 sq m (232,000 sq ft) and was let within 9 months of practical completion to iForce Limited, John Lewis’s e-tail fulfilment partner.

VALUE:
£21m

TENANT:
iForce Limited

SIZE:
21,616 sq m (232,678 sq ft)

PURCHASER:
Terrace Hill

The last remaining plot on Westminster Industrial Estate was purchased by Stoford from Leicestershire County Council in an off market transaction.

Stoford were able to forward sell the completed building to Prudential Property Investment Managers Limited.

VALUE:
£7.7m

SIZE:
13,006 sq m (140,000 sq ft)

PURCHASER:
Prudential Property Investment Managers Limited

The 13 acre Capitol Park site was purchased from the Royal Bank of Scotland corporate recovery team.

Stoford secured planning permission to develop two industrial warehouse facilities on this site and forward soldthe completed buildings to Prudential Property Investment Managers Limited.

VALUE:
£12.65m

SIZE:
20,438 sq m (220,000 sq ft)

PRICE:
£12.65 m

PURCHASER:
Prudential Property Investment Managers Limited

• Movement and daylight controlled lights
• Increased rooflights to 15% of the warehouse roof area
• Solvent free organic water based paints
• Water leak detection equipment
• Extensive native landscaping scheme

Spa Park is a 70 acre Business Park which has been developed by Stoford on behalf of BlackRock Investment Managers. Through strategic planning, demolition and remediation Stoford have produced Leamington’s largest mixed use business park and the largest on the M40 Corridor comprising 78,970 sq m (850,000 sq ft) of manufacturing and warehouse accommodation and 13,950 sq m (150,000 sq ft) of headquarters offices.

Phase 1 of the development included the delivery of the site infrastructure and approximately 120,000 sq ft of pre-let warehousing.
Phase 2 is home to the 133,235 sq ft office headquarters and 340,000 sq ft national distribution centre for Wolseley UK, a leading supplier of construction industry products.

VALUE: £60m

Occupier: Wolseley UK Ltd
Size: Headquarters Office GIA 12,378 sq m (133,235 sq ft)
Size: Distribution Centre GIA 31,586 sq m (340,000 sq ft)

Tenant: Edgbaston Group Plc.
Size: (Warehouse and Offices) GIA 5,726 sq m (62,000 sq ft)

Tenant: Woodhouse Group
Size: (Warehouse and Offices) GIA 2,640 sq m (28,400 sq ft)

Tenant: Millward Brown
Size: (Warehouse and Offices) GIA 2,602 sq m (28,000 sq ft)

Tenant: Smith & Nephew
Size: (Warehouse and Offices) GIA 2,787 sq m (30,000 sq ft)

Stonebridge Cross is a 77 acre Business Park close to junction 5 of the M5in Worcestershire. Stoford and AXA REIM have been developing office,distribution and production space together with infrastructure to provide a14 unit Business Park totalling 780,000 sq ft (73,190 sq m).

Many of the units were pre let prior to construction.  Tenants include Atchison Topeka and Robert Wiseman Dairies.

VALUE:
£11.1m

Robert Wiseman Dairies
24,620 sq m (265,000 sq ft)

Unit 101: Spire Healthcare
5,258 sq m (56604 sq ft)

Unit 102: Fisher Alvin
1,206 sq m (12,981 sq ft)

Unit 103: Zenith Hygiene Group plc
1,260 sq m (13,553 sq ft)

Unit 104:
2,035 sq m (21,906 sq ft)

Unit 105: TM Logistics
2,995 sq m (32,239 sq ft)

Unit 202: Dynamic Europe
1,472 sq m (15,842 sq ft)

Unit 203: BUPA
2,015 sq m (21,690 sq ft)

Unit 204: CMCS2
874 sq m (30,935 sq ft)

Unit 205: Alutrade Products
2,015 sq m (21,690 sq ft)

Unit 301: Atchison Topeka
12,314 sq m (132,500 sq ft)

Unit 401: Kimal
227 sq m (67,000 sq ft)

Unit 402: Barton Coldform
4,879 sq m (52,500 sq ft)

Unit 404: AKW Medicare
5,019 sq m (54,000 sq ft)

Unit 501: JCC Lighting
4,275 sq m (46,000 sq ft)

Extensive site wide Sustainable Drainage Systems (SUDS)